54,149 Shares in LKQ Corporation $LKQ Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new stake in LKQ Corporation (NASDAQ:LKQ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 54,149 shares of the auto parts company’s stock, valued at approximately $1,426,000.

Other hedge funds also recently made changes to their positions in the company. Global Retirement Partners LLC acquired a new stake in LKQ during the 2nd quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of LKQ in the 2nd quarter worth approximately $25,000. Harbor Investment Advisory LLC lifted its position in shares of LKQ by 260.0% in the 1st quarter. Harbor Investment Advisory LLC now owns 900 shares of the auto parts company’s stock worth $26,000 after purchasing an additional 650 shares during the period. Cedar Mountain Advisors LLC bought a new stake in shares of LKQ in the 1st quarter valued at $28,000. Finally, Essential Partners LLC bought a new stake in shares of LKQ in the 1st quarter valued at $30,000. 95.63% of the stock is currently owned by institutional investors.

LKQ Stock Performance

Shares of LKQ opened at $25.75 on Thursday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.61 and a current ratio of 1.58. The stock has a 50 day moving average price of $25.40 and a two-hundred day moving average price of $28.04. The firm has a market capitalization of $6.51 billion, a P/E ratio of 14.31 and a beta of 0.84. LKQ Corporation has a 52 week low of $21.17 and a 52 week high of $37.13.

LKQ (NASDAQ:LKQ) last announced its earnings results on Thursday, July 30th. The auto parts company reported $0.67 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.04). The firm had revenue of $3.41 billion during the quarter, compared to analysts’ expectations of $3.48 billion. LKQ had a net margin of 3.37% and a return on equity of 10.84%. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.87 EPS. LKQ has set its FY 2026 guidance at 2.600-2.900 EPS. Equities analysts forecast that LKQ Corporation will post 2.67 earnings per share for the current fiscal year.

LKQ Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Thursday, August 20th. LKQ’s dividend payout ratio is 66.67%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Zacks Research downgraded LKQ from a “hold” rating to a “strong sell” rating in a report on Monday, August 3rd. Raymond James Financial set a $30.00 target price on LKQ in a research report on Friday, July 31st. Roth Capital set a $35.00 target price on LKQ in a research note on Monday, August 3rd. Robert W. Baird set a $30.00 target price on LKQ in a report on Friday, July 31st. Finally, Weiss Ratings lowered LKQ from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, August 13th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $31.08.

LKQ Profile

LKQ Corporation is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. The company supplies a broad range of replacement components, including recycled original equipment manufacturer (OEM) parts, aftermarket parts, refurbished and remanufactured items. Its products support collision repair, mechanical repair and performance enhancement needs across passenger cars, heavy trucks and recreational vehicles.

Through a combination of in-house operations and strategic acquisitions, LKQ has developed a comprehensive product portfolio that extends beyond core replacement parts.